Then it's only because you couldn't ever get a similar type of role at another company, right? I'm genuinely trying to think if there is any other reason. Seems like if you were able you would be long gone by now...
4 replies (most recent on top)
Senior+ level positions have different rules.
There comes a point where you don't have many good options as an exec. A lot of work goes into finding execs. There are specific headhunting companies that specialize in that kind of employee. When you are looking for an exec for a company that is distressed you are not going to find a pool of people who are are not the best people for that position. You get the third or forth tier of people. If you need a CEO you probably will have more difficulty finding an existing CEO to fill the spot, but might get someone else in a different role in the C-suite of another company.
The same can be said when moving from a distressed company. Your chances of getting into a company that isn't also distressed is less likely. It's better to wait out and see if the company turns around and your chances of getting into a non-distressed company is much better. Wait around for the company to get better. Don't do anything too bad try to have something to market to future employers for what you did even if the company fails or you get pushed out.
Voyix hasn’t made any big restructuring actions that could effect VPs… keep asking them to layoff everyone else w/no plan or strategy or comms that anything will be different. It becomes a personal decision at some point on what type of principles you are willing to live your life by.
Quitting would be stupid, big fat salary for now, then big 💰 💰 💰 💰 money to be let go, rewarding failure is how it works.
VP and above have a monster severance package. Why walk away from that? Stick around, F-around as normal and take your time with a job search.